This is a Small Business Innovation Technology Transfer Research (STTR) grant opportunity (PAR-14-088) for small business concerns (SBCs), with no more than 500 employees, to obtain Phase 2 research and development funding if they have already developed an innovative biomedical technology prototype and conducted a feasibility review.

This Phase 2 funding will cover testing the prototype for functional and commercial viability. Maximum funding is generally $150,000 for Phase 1 of the research project and $1,000,000 for Phase 2, with the potential for 50% more (up to $225,000 in Phase 1 and $1,500,000 in Phase 2) or even higher if the additional funding is determined to be justified or necessary.

The path toward enhanced opportunities and economic growth in Mississippi’s private sector begins in secondary and elementary education, then continues through the workforce training abilities of the state’s astounding community college system and on to the Research and Development (R&D) prowess of the higher education system. [...]